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BENEFITS OF FINTECH


Financial Technology or Fintech is rapidly growing! Companies are now turning to technology to keep up with the market. Take a look at the benefits that financial technology can offer your business.

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Featured News

WEFI SELECTS OPENTEXT EMAIL2EDI SOLUTION TO LAUNCH INNOVATIVE FINANCIAL TECHNOLOGY PLATFORM, IZZI


OpenText™ , today announced that WeFi Technology Group LLC (WeFi), a financial technology company providing supply chain finance solutions to the IT industry, has selected OpenText Email2EDI to help process thousands of transactions on WeFi’s new advanced technology platform, ‘IZZI’. WeFi has created a digital platform called ‘IZZI’ to strengthen its financing solutions through efficient

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Articles

STARTUP GROWTH: USING OPEN BANKING TO YOUR ADVANTAGE


Many different verticals in the fintech landscape can benefit from open banking APIs – remittances, growth payments, and crypto. But the love story between open banking and startups is just beginning. Among the many benefits, open banking can scale startup processes and operations for onboarding, accounting, identity validation, and payments (by eliminating the delays and

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Articles

MICROSOFT ROLLS OUT ITS FINANCIAL SERVICES-SPECIFIC CLOUD OFFERING


Microsoft Cloud for Financial Services (MCFS), Microsoft’s recently announced Industry Cloud, brings capabilities such as multi-level security and comprehensive compliance coverage to provide a differentiated customer experience, manage risk, improve employee collaboration and productivity, and modernize core systems. MCFS is an industry-specific end-to-end cloud that combines existing and new capabilities which are unlocked by the

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K2 INSURANCE SERVICES LAUNCHES ANOTHER INNOVATIVE PRODUCT ON THE DRC INSURANCE PLATFORM


Decision Research Corporation (DRC), an industry-leading provider of cloud-based enterprise solutions for the P&C insurance sector, announced today K2 Insurance Services has successfully deployed their innovative LoadStar Customs Inspection Insurance product on the DRC Insurance Platform. Via the DRC Agent Portal, freight forwarders and Customs Brokers are now able to purchase coverage online, submit claims,

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ORACLE PROMOTES RESPONSIBLE USE OF AI IN FINANCIAL INSTITUTIONS


A recent World Economic Forum survey1 found that 85% of financial institutions have implemented AI, but some still have concerns about its use. To help financial institutions apply AI responsibly, Oracle has added new AI governance capabilities to its Oracle Financial Services Compliance Studio application. With a new visualization canvas that fosters more inclusive machine

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ROBOTIC ASSISTANCE DEVICES RECEIVES ORDER FROM REGIONAL FINANCIAL INSTITUTION


Artificial Intelligence Technology Solutions, Inc., (OTCPK:AITX), today announced that its wholly-owned subsidiary Robotic Assistance Devices Inc. (RAD) has received an order from a leading regional financial institution. Although not disclosed due to confidentiality agreements, the end-user for this 1 ROSA180 unit will be RAD’s first deployment into the financial services industry. “It’s thrilling to open

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PNC LAUNCHES AKOYA SOLUTION TO INCREASE THE SECURITY OF CONNECTIONS FOR CONSUMERS TO SAFELY TRANSACT WITH FINANCIAL APPS


PNC Bank and Akoya LLC today announced the bank’s integration with the Akoya Data Access Network. More than nine million PNC customers are now enabled to securely share their financial data with fintechs and data aggregators with enhanced security through the application programming interface (API)-based network. “PNC takes very seriously our responsibility to protect the

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Articles

4 FRENCH FINTECH COMPANIES TO WATCH OUT FOR IN 2021


FinTech is used to describe new tech that seeks to improve and automate the delivery and use of financial services. ​​​At its core, FinTechs help companies, business owners, and consumers better manage their financial operations, processes, and lives by utilizing specialized software and algorithms used on computers and, increasingly, smartphones. Read More